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HONG KONG: November 26, 2018. Equity investor EmergeVest has launched EV Cargo, claiming to be the largest privately-held logistics organisation in Britain following the consolidation of six companies: Adjuno, Allport Cargo Services, CM Downton, Jigsaw, NFT and Palletforce.

EV Cargo includes four main operating segments: Express, Global Forwarding, Logistics and Technology.

EV Cargo chairman“We are excited to announce the creation of EV Cargo, bringing together our UK logistics and technology platform into a unified £850 million corporate structure,” declared EmergeVest co-founder Heath Zarin (pictured).

“EV Cargo will continue our existing strategy of delivering mission-critical supply chain services powered by people, technology, innovation and sustainability. By working closer together and creating additional capabilities, we will provide new and existing customers with access to a wider range of leading-edge integrated solutions,” he added.

The new firm will operate nine million sq.ft. of warehousing and 20,000 vehicles; employ 5,000 UK-based logistics specialists including 2,200 truck drivers; manage 200,000 containers of ocean freight annually, and six million kilos of airfreight a month.

“[This move] allows NFT and its customers access to an expanded range of seamlessly-delivered services, creating added value and enhanced competencies under one brand, commented NFT chief executive Ross Eggleton. “It’s an exciting period and we look forward to delivering on the opportunities for consolidation and business growth with the strength and financial backing of EV Cargo.”

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